Cryptocurrencies strengthened their gains during Tuesday's trading, with Bitcoin surpassing the $90,000 level and approaching its highest point since March, alongside an increase in inflows to funds tracking the largest cryptocurrency by market capitalization to its highest level since late January. Bitcoin rose by 6.4% to $93,888, the highest level since March 7.
Ethereum also rose by 4.8% to $1,756.67, Ripple increased by about 2.35% to $2.2137, and the 'Trump' coin rose by 5% to $8.98, while Dogecoin jumped 6.9% to 16.91 cents. It is noteworthy that Strategy (formerly known as MicroStrategy) executed a large new purchase of Bitcoin, thus raising its holdings of Bitcoin to 538,200 digital coins, reinforcing its position as the largest institutional holder of Bitcoin globally.